It is believed that the long 2180 will be holding on for next few trading sessions or even longer since its stop and reverse sell trade signal is getting lower as compared to previous update.
The 60-minute indicator Y will have its stop and reverse sell trade signal being triggered if cpo futures price is closed below 2140 at 1230pm in the morning trading session close.
If 4pm, 5pm, or 6pm stop and reverse sell trade signals is lower than 2150, there will be no update for the indicator Y trading guides in this blog.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
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